NEW YORK, Nov 13 (Reuters) – Nations often owe creditors
more after debt restructurings – not less – as limping
economies, weakened banks and more take their toll, Moody’s
Investors Service said on Tuesday, suggesting that debt-laden
Greece could be in for more pain ahead.

“We basically found that Greece’s experience is not unique,”
said Elena Duggar, an analyst with the credit policy group at
Moody’s Investors Service.

NEW YORK (Reuters) – The dollar rose to a two-month high against major currencies on Wednesday as investors shifted focus to U.S. fiscal woes after President Barack Obama’s re-election, bolstering the appeal of the safe-haven U.S. currency.

The euro came under pressure after European Central Bank President Mario Draghi said the bank expects the euro zone economy to remain weak “in the near term,” adding to investor nervousness ahead of the central bank’s policy meeting on Thursday.

NEW YORK (Reuters) – Moody’s Investors Service said on Wednesday it will hold off on its judgment of whether to cut its sovereign credit rating for the United States until after the 2013 budget process is completed.

The re-election of U.S. President Barack Obama removed the uncertainty over who would lead the country but the maintenance of the status quo in a still-divided Congress means the likelihood of a continued tough fight to hammer out a budget.

NEW YORK, Nov 5 (Reuters) – The euro fell to a near
two-month low against the U.S. dollar on Monday on uncertainty
over a Greek vote on reforms needed to secure international aid
and as investors awaited the U.S. elections on Tuesday.

The technical outlook for the euro was also bleak after the
currency broke below its 200-day moving average, suggesting
further near-term losses.

NEW YORK (Reuters) – The euro fell to a near two-month low against the U.S. dollar on Monday on uncertainty over a Greek vote on reforms needed to secure international aid and as investors awaited the U.S. elections on Tuesday.

The technical outlook for the euro was also bleak after the currency broke below its 200-day moving average, suggesting further near-term losses.

NEW YORK, Nov 5 (Reuters) – The euro fell to a near
two-month low against the U.S. dollar on Monday on uncertainty
over a Greek vote on reforms needed to secure international aid
and as investors awaited the U.S. elections on Tuesday.

The technical outlook for the euro was also bleak after the
currency broke below its 200-day moving average, suggesting
further near-term losses.

NEW YORK (Reuters) – New York City and the sodden Northeast began an arduous journey back to normal on Wednesday after mammoth storm Sandy killed at least 64 people in a rampage that swamped coastal cities and cut power to millions.

Financial markets reopened with the New York Stock Exchange running on generator power after the first weather-related two-day closure since an 1888 blizzard. Packed buses took commuters to work with New York’s subway system halted after seawater flooded its tunnels.

NEW YORK (Reuters) – The U.S. Northeast began crawling back to normal on Wednesday after monster storm Sandy crippled transportation, knocked out power for millions and killed at least 45 people in nine states with a massive storm surge and rain that caused epic flooding.

Financial markets reopened with New York Mayor Michael Bloomberg ringing the opening bell at the New York Stock Exchange, and packed buses took residents back to work with the subway system halted after seawater flooded its tunnels.

NEW YORK (Reuters) – The U.S. Northeast began crawling back to normal on Wednesday after monster storm Sandy crippled transportation, knocked out power for millions and killed at least 45 people in nine states with a massive storm surge and rain that caused epic flooding.

Financial markets reopened with New York Mayor Michael Bloomberg ringing the opening bell at the New York Stock Exchange, and packed buses took residents back to work with the subway system halted after seawater flooded its tunnels.

NEW YORK (Reuters) – An unprecedented tidal surge in northern New Jersey on Tuesday flooded three towns with a wall of water well over 5 feet high in the wake of Hurricane Sandy, prompting the evacuation of thousands of people from their homes.

The towns of Moonachie, Little Ferry and Carlstadt were underwater after the swollen Hackensack River breached its barriers just after midnight.